General Car Conversation 2024 - part 1
04-19-24, 03:32 PM
#3301
Lead Lap
Oh, he has saved tons. Most people are over-insured, and pay way more for insurance than they need to. The point is to save yourself from financial harm, if you can't put your hands on $1,000 then yeah, you need that coverage, but if you can then you are paying too much for insurance. Over $1,000-$1,500 in deductibles though the difference in premium tends to fall off. I saved $700 a year going from $500-$1,000, but going to $1,500 only saved me another $115 or something. The only reason my policy was $500 is I changed companies a few years ago and the new policy was so much cheaper than the one I had I just left them at $500. As it started to go up though I switched it to $1,000.
Its all about risk mitigation, and they know people with $1,000 deductibles are much less likely to file claims than those with lower deductibles, so the difference in premium is big, but above $1,000 the difference doesn't change much.
Its why people with huge assets don't pay for life insurance, they don't need it.
Its all about risk mitigation, and they know people with $1,000 deductibles are much less likely to file claims than those with lower deductibles, so the difference in premium is big, but above $1,000 the difference doesn't change much.
Its why people with huge assets don't pay for life insurance, they don't need it.
Windshield replacement through insurance is probably $1500 because they probably use Safelight. They tack on a charge for sensor recalibration. The guy who did my windshield knows how to do the job without disconnecting the sensors.
I and we in CA are essentially paying high insurance rates to offset The risk from unlicensed drivers. I will avoid filing a claim if possible. It’s frustrating but it’s the reality.
04-19-24, 03:37 PM
#3302
Lexus Champion
I run very high deductibles since if I damage ANYTHING it's over 10k to fix it and anything lesser I can fix myself/pay for easily. All of my cars are setup differently based on value and how difficult they are to repair/likely costs. No one in my family other than my wife has ever so much as curbed a wheel and our main concern is other people hitting us so we have high coverage for under/non-insured people.
It saves a lot having a 2k deductible and with what I drive even a headlight going is $3850 per side parts only. So it makes no sense so me to run a low deductible as it will just bleed me over time for no benefit.
The only time we had insurance involved people hit and totaled our cars and they had no insurance. So we have setup things for that since that's the main risk from what we have experienced, the worst damage we have ever done to our own cars (my wife excluded) has been to the Jeep off road from branches and high centering. If I include the wife she dented the passenger fender badly enough to crack paint and would have cost $4500 to fix....I just sold the car for $3k more than I bought it for since it was dead to me at that point.
It saves a lot having a 2k deductible and with what I drive even a headlight going is $3850 per side parts only. So it makes no sense so me to run a low deductible as it will just bleed me over time for no benefit.
The only time we had insurance involved people hit and totaled our cars and they had no insurance. So we have setup things for that since that's the main risk from what we have experienced, the worst damage we have ever done to our own cars (my wife excluded) has been to the Jeep off road from branches and high centering. If I include the wife she dented the passenger fender badly enough to crack paint and would have cost $4500 to fix....I just sold the car for $3k more than I bought it for since it was dead to me at that point.
04-19-24, 04:04 PM
#3303
Lexus Test Driver
for collision i do $1000 since that makes the biggest difference... but my comp is $250 (no glass deductible) since that's the far cheaper aspect of the policy, and $500 vs $250 deductible for comprehensive amounts to like a few dollars difference every 6 months
04-19-24, 04:10 PM
#3304
Lexus Champion
Glass is a fear of mine on the Audis, over 3k to replace them with OE glass! I hate having non-original glass to the point I really hesitate buying cars without it and generally replace it with OE at first chance.
04-19-24, 04:38 PM
#3305
Lexus Champion
Safeco is who I use and I have been consistently impressed by them over the years.
04-19-24, 04:54 PM
#3307
Lexus Champion
Speaking of insurance claims... Watch this bimbo's video
https://twitter.com/JoePostingg/stat...34170444197906
https://twitter.com/JoePostingg/stat...34170444197906
I think she said she only heard one crunch? LOL.
04-19-24, 05:12 PM
#3308
Lexus Champion
Speaking of insurance claims... Watch this bimbo's video
https://twitter.com/JoePostingg/stat...34170444197906
https://twitter.com/JoePostingg/stat...34170444197906
04-19-24, 05:52 PM
#3311
Lexus Test Driver
generally parts are more expensive on the LS than for the E55 (stupid lexus upper control arms) which i'll be honest i didn't expect! i think it's because all the non-AMG bits are just standard W211 parts, of which many more were produced than LS 400 parts
04-19-24, 05:55 PM
#3312
Although I know you've mentioned you lived in LA which seems like traffic hell to me.
04-19-24, 05:59 PM
#3313
Lexus Champion
like maybe 7-8 years ago just for the hell of it i looked up the price of windows for the LS, back then it made my heart skip a beat i don't even wanna know the cost now lmao
generally parts are more expensive on the LS than for the E55 (stupid lexus upper control arms) which i'll be honest i didn't expect! i think it's because all the non-AMG bits are just standard W211 parts, of which many more were produced than LS 400 parts
generally parts are more expensive on the LS than for the E55 (stupid lexus upper control arms) which i'll be honest i didn't expect! i think it's because all the non-AMG bits are just standard W211 parts, of which many more were produced than LS 400 parts
Is also so much easier to find actual OEM vs Japanese brands.
04-19-24, 06:13 PM
#3315
Lexus Fanatic
Lol my insurance hasn't even gone up because of claims. Not one penny. I have a dedicated insurance agent with whom I communicate with directly, she's always trying to save me money.
And lol.... who cares??? The $500 is peanuts, it just has a much nicer ring to it than "a grand" if you make a stupid mistake.
I was told on here my insurance was gonna drop me lol. They haven't even raised my rates at all.
And lol.... who cares??? The $500 is peanuts, it just has a much nicer ring to it than "a grand" if you make a stupid mistake.
I was told on here my insurance was gonna drop me lol. They haven't even raised my rates at all.
